Sundeep Ruia

Title: Innovations by Sundeep Ruia in Commercial Loan Assessment

Introduction

Sundeep Ruia is an accomplished inventor based in Norwalk, CT, specializing in methods for assessing loss severity in commercial loans. His innovative approach aims to enhance the prediction of expected and unexpected loss outcomes for loan portfolios. With a focus on improving financial assessments, Ruia has made significant contributions to the field.

Latest Patents

Sundeep Ruia holds a patent for "Methods and system for assessing loss severity for commercial loans." This patent outlines a method for predicting loss outcomes for a portfolio of loans issued by lenders to multiple borrowers. The process involves recording key account and risk attributes for a historical portfolio, analyzing actual default and loss information, and comparing these elements over time. By selecting a sample of loans, Ruia's method identifies loss drivers and builds a regression tree-based model to predict loss outcomes for new loan portfolios.

Career Highlights

Ruia is currently employed at GE Corporate Financial Services, Inc., where he applies his expertise in financial assessments. His work focuses on developing innovative solutions that enhance the understanding of loan performance and risk management. With one patent to his name, Ruia has established himself as a valuable contributor to the financial services industry.

Collaborations

Sundeep Ruia collaborates with notable colleagues, including Tim Kerry Keyes and Mary Kennedy Cole. Their combined expertise fosters a productive environment for innovation and problem-solving within their organization.

Conclusion

Sundeep Ruia's contributions to the field of commercial loan assessment demonstrate his commitment to innovation and financial improvement. His patented methods provide valuable insights for lenders and borrowers alike, enhancing the overall understanding of loan performance.